0001193125-14-099068 Sample Contracts

VALUED ADVISERS TRUST INTERIM EXPENSE LIMITATION AGREEMENT
Valued Advisers Trust • March 14th, 2014 • Valued Advisers Trust

THIS AGREEMENT is made and entered into effective as of February 13, 2014 by and between Valued Advisers Trust, a Delaware statutory trust (the “Trust”), on behalf of the series portfolios as set forth on Schedule A, (the “Fund”), and Golub Group, LLC (the “Adviser”), a California limited liability company.

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INTERIM INVESTMENT ADVISORY AGREEMENT
Interim Investment Advisory Agreement • March 14th, 2014 • Valued Advisers Trust • Delaware

INVESTMENT ADVISORY AGREEMENT (the “Agreement”) made as of this 13th day of February, 2014 by and between Valued Advisers Trust (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and Golub Group, LLC., (the “Adviser”), a limited liability company with its principal place of business in San Mateo, California.

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